The cost control strategy specifically specifies how the project expenses can be handled over the life of the project. It lays out the format and criteria by which the expense of the project is measured, recorded, and tracked. The Strategy for Cost Management: . Identify who is responsible for handling expenses. . Identifies who is empowered to approve improvements to the project or the budget. How the expense efficiency is measured and reported quantitatively. Document forms, the volume and to whom they are sent. Especially considering the diverse existence of the providers concerned (IT professionals, medical teams, sound designers) the payment system will not be standardised. This will be performed on an episodic basis and the currency form will be as negotiated with the different service providers. The approximation of cost for the key resources is as follows: Supplies Amount Security $4,900 Venue $4,400 Light and Sound $84,000 Decorations $1900 Technical services $198,000